When you are ready to start working on your 2011 taxes, you will find that there are many different software programs available to help. Choosing the right one can be difficult, but picking the best software for your needs will help make this dreaded chore just a little bit easier.
One of the largest and most popular products is TurboTax, which gives users the ability to import data from different financial institutions to speed tax preparation. The program works with data provided electronically by many employers, banks, and software programs like Quicken and QuickBooks to limit the amount of manual data entry you need to do in order to finish your taxes.
If you used TurboTax for last years filing, doing your 2011 taxes will get even easier. TurboTax software will automatically import data from your previous year’s return to help fill in much of the information you need for your 2011 taxes. Even if you no longer have the computer you filed on last year, TurboTax can often recover information from last year’s electronically filed and saved taxes to make filing a little easier.
Some additions to TurboTax software for 2011 taxes that make filing a little easier include bookmarks or flags which allow you to make notes in areas where you will need more information. This can help you move through information more easily, completing things as you find the information.
The other major benefit to TurboTax is that the company gives you online access to “Tax Experts” who can help answer questions via online chat or toll free numbers to help you through any tricky areas. Using TurboTax is one of the best ways to make your 2011 taxes a little less stressful.